Someone is trying to either cover a short or take a long position at 1.25. There are a total of about 30k shares on the bid at that level.

THAT is what this bashing is all about. The cabals want your shares at 1.25. I know that no one who reads this board would be stupid enough to sell at this level -- especially after the conference call yesterday practically shouted "A deal is coming sooner than you think."